Can I retire at age 50 with 1,880,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $1,880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$155,249$153,866$152,517$151,200$149,914$144,710
2 years$76,856$75,424$74,037$72,692$71,388$66,199
3 years$50,728$49,291$47,907$46,575$45,291$40,280
4 years$37,667$36,234$34,864$33,554$32,302$27,507
5 years$29,832$28,408$27,056$25,773$24,556$19,989
6 years$24,611$23,197$21,865$20,611$19,430$15,096
7 years$20,883$19,481$18,170$16,945$15,802$11,700
8 years$18,088$16,699$15,410$14,215$13,109$9,235
9 years$15,915$14,539$13,272$12,108$11,040$7,389
10 years$14,178$12,816$11,571$10,437$9,406$5,973
11 years$12,758$11,409$10,187$9,084$8,090$4,867
12 years$11,575$10,240$9,041$7,967$7,010$3,991
13 years$10,575$9,254$8,077$7,034$6,113$3,288
14 years$9,719$8,412$7,257$6,244$5,359$2,720
15 years$8,977$7,684$6,553$5,569$4,718$2,258
16 years$8,329$7,050$5,941$4,986$4,170$1,879
17 years$7,758$6,493$5,406$4,480$3,697$1,567
18 years$7,250$6,000$4,935$4,037$3,288$1,310
19 years$6,797$5,560$4,518$3,648$2,930$1,096
20 years$6,390$5,167$4,146$3,304$2,617$918
21 years$6,021$4,813$3,814$2,999$2,342$770
22 years$5,687$4,493$3,515$2,726$2,100$646
23 years$5,382$4,202$3,245$2,483$1,885$543
24 years$5,103$3,937$3,001$2,265$1,694$456
25 years$4,847$3,695$2,780$2,068$1,524$384
26 years$4,611$3,472$2,578$1,891$1,373$323
27 years$4,392$3,268$2,394$1,731$1,238$272
28 years$4,190$3,079$2,226$1,586$1,117$229
29 years$4,002$2,905$2,071$1,454$1,009$193
30 years$3,827$2,743$1,929$1,335$911$162
31 years$3,663$2,593$1,799$1,226$824$137
32 years$3,510$2,454$1,678$1,127$745$115
33 years$3,367$2,324$1,567$1,036$675$97
34 years$3,232$2,203$1,464$953$611$82
35 years$3,105$2,089$1,369$877$553$69
36 years$2,986$1,983$1,280$808$501$58
37 years$2,873$1,883$1,198$745$454$49
38 years$2,767$1,790$1,122$686$412$41
39 years$2,666$1,702$1,051$633$373$35
40 years$2,570$1,619$985$584$339$29
41 years$2,480$1,541$924$538$307$25
42 years$2,394$1,468$867$497$279$21
43 years$2,312$1,399$813$459$253$18
44 years$2,234$1,333$764$424$230$15
45 years$2,159$1,271$717$391$209$12
46 years$2,089$1,213$673$361$189$11
47 years$2,021$1,157$633$334$172$9
48 years$1,956$1,105$594$308$156$7
49 years$1,895$1,055$559$285$142$6
50 years$1,836$1,008$525$264$129$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,880,000, adding $4,116 every year, while hoping to spend $36,121 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 59/34/7 Blend
49$1,880,000$1,880,000$1,880,000$1,880,000
50$2,076,006$1,976,366$1,947,226$2,195,204
51$2,249,326$2,034,775$1,974,025$2,334,044
52$2,439,114$2,094,836$2,000,512$2,480,873
53$2,647,012$2,156,591$2,026,637$2,640,059
54$2,874,827$2,220,084$2,052,350$2,812,787
55$3,124,551$2,285,360$2,077,595$3,000,366
56$3,398,376$2,352,463$2,102,315$3,204,231
57$3,698,717$2,421,441$2,126,450$3,425,967
58$4,028,235$2,492,341$2,149,935$3,667,314
59$4,389,860$2,565,210$2,172,703$3,930,192
60$4,786,819$2,640,099$2,194,681$4,216,709
61$5,222,668$2,717,056$2,215,796$4,529,191
62$5,701,322$2,796,134$2,235,967$4,870,196
63$6,227,096$2,877,384$2,255,111$5,242,542
64$6,804,742$2,960,858$2,273,140$5,649,332
65$7,439,497$3,046,611$2,289,961$6,093,982
66$8,137,128$3,134,697$2,305,477$6,580,254
67$8,903,989$3,225,172$2,319,585$7,112,294
68$9,747,082$3,318,091$2,332,177$7,694,665
69$10,674,119$3,413,513$2,343,140$8,332,395
70$11,693,598$3,511,494$2,352,354$9,031,020
71$12,814,882$3,612,094$2,359,695$9,796,640
72$14,048,285$3,715,372$2,365,030$10,635,974
73$15,405,174$3,821,389$2,368,222$11,556,422
74$16,898,070$3,930,205$2,369,126$12,566,139
75$18,540,771$4,041,883$2,367,590$13,674,106
76$20,348,479$4,156,485$2,363,453$14,890,218
77$22,337,945$4,274,074$2,356,550$16,225,377
78$24,527,625$4,394,712$2,346,704$17,691,592
79$26,937,855$4,518,466$2,333,730$19,302,097
80$29,591,043$4,645,398$2,317,438$21,071,468
81$32,511,881$4,775,574$2,297,624$23,015,769
82$35,727,575$4,909,059$2,274,076$25,152,697
83$39,268,103$5,045,918$2,246,573$27,501,751
84$43,166,499$5,186,218$2,214,883$30,084,416
85$47,459,163$5,330,023$2,178,762$32,924,363
86$52,186,203$5,477,400$2,137,956$36,047,676
87$57,391,817$5,628,413$2,092,198$39,483,096
88$63,124,705$5,783,129$2,041,210$43,262,291
89$69,438,535$5,941,612$1,984,700$47,420,155
90$76,392,441$6,103,926$1,922,363$51,995,138
91$84,051,588$6,270,136$1,853,880$57,029,609
92$92,487,781$6,440,305$1,778,917$62,570,254
93$101,780,149$6,614,494$1,697,125$68,668,517
94$112,015,885$6,792,765$1,608,139$75,381,085
95$123,291,072$6,975,177$1,511,578$82,770,423
96$135,711,589$7,161,788$1,407,044$90,905,364
97$149,394,111$7,352,656$1,294,120$99,861,759
98$164,467,208$7,547,834$1,172,371$109,723,189
99$181,072,561$7,747,375$1,041,343$120,581,758
100$199,366,295$7,951,329$900,560$132,538,960